Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Sees Large Growth in Short Interest

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 357 shares, an increase of 264.3% from the July 15th total of 98 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,008 shares, the days-to-cover ratio is presently 0.4 days.

Global X S&P 500 Quality Dividend ETF Price Performance

QDIV opened at $40.35 on Thursday. The business has a fifty day simple moving average of $38.29 and a 200 day simple moving average of $37.52. The company has a market capitalization of $30.67 million, a PE ratio of 15.17 and a beta of 0.67. Global X S&P 500 Quality Dividend ETF has a 1 year low of $33.56 and a 1 year high of $40.60.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE acquired a new position in Global X S&P 500 Quality Dividend ETF during the second quarter valued at approximately $53,000. Compound Planning Inc. lifted its stake in Global X S&P 500 Quality Dividend ETF by 4.6% during the fourth quarter. Compound Planning Inc. now owns 14,183 shares of the company’s stock worth $492,000 after purchasing an additional 630 shares during the last quarter. Susquehanna International Group LLP boosted its holdings in shares of Global X S&P 500 Quality Dividend ETF by 102.3% in the 3rd quarter. Susquehanna International Group LLP now owns 15,810 shares of the company’s stock valued at $556,000 after purchasing an additional 7,994 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Global X S&P 500 Quality Dividend ETF by 22.0% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,605 shares of the company’s stock valued at $1,206,000 after purchasing an additional 6,420 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Global X S&P 500 Quality Dividend ETF in the 2nd quarter valued at $1,257,000.

About Global X S&P 500 Quality Dividend ETF

The Global X S&P 500 Quality Dividend ETF (QDIV) is an exchange-traded fund that is based on the S&P 500 Quality High Dividend index. The fund tracks an index of equal-weighted US large-cap stocks selected from the S&P 500 Index based on quality and dividend metrics. QDIV was launched on Jul 13, 2018 and is managed by Global X.